Sonos
SONO
282 hedge funds and large institutions have $2.07B invested in Sonos in 2024 Q1 according to their latest regulatory filings, with 65 funds opening new positions, 70 increasing their positions, 94 reducing their positions, and 40 closing their positions.
82% more call options, than puts
Call options by funds: $20.6M | Put options by funds: $11.3M
63% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 40
10% more funds holding
Funds holding: 257 → 282 (+25)
9% more capital invested
Capital invested by funds: $1.89B → $2.07B (+$176M)
0.53% less ownership
Funds ownership: 88.19% → 87.66% (-0.53%)
26% less repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 94
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$50M |
| 2 |
Man Group
London,
United Kingdom
|
+$26.1M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$23.7M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$18.1M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$72.7M |
| 2 |
CCM
Coliseum Capital Management
Rowayton,
Connecticut
|
-$39.3M |
| 3 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
-$24.9M |
| 4 |
Voloridge Investment Management
Jupiter,
Florida
|
-$22.2M |
| 5 |
Millennium Management
New York
|
-$19.8M |
SONO Hedge Fund Activity: Q1 2024 in Review
282 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Sonos (SONO) for Q1 2024, worth a combined $2.07B — up 9.3% from $1.89B a quarter earlier.
Buyers outnumbered sellers: 65 funds opened new SONO positions and 40 closed out — a net gain of 25 holders — while 70 added to existing stakes and 94 trimmed.
The largest buyer was Pacer Advisors, opening a new position worth an estimated $50M. The largest seller was Morgan Stanley, cutting an estimated $72.7M.
- 282 institutional investors held Sonos (SONO) as of Q1 2024, up from 257 in Q4 2023.
- Funds reported $2.07B of Sonos stock for Q1 2024, up 9.3% quarter-over-quarter.
- 65 funds opened new Sonos positions in Q1 2024 and 40 closed out, a net change of +25 holders.
- The largest Sonos buyer in Q1 2024 was Pacer Advisors, an estimated $50M added.
- The largest Sonos seller in Q1 2024 was Morgan Stanley, an estimated $72.7M sold.
Based on aggregated 13F filings for Q1 2024.